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Thank you. 6.23% before taxes and inflation, less after these. Is this reliable enough over the long run to retire on?
by josh_fyi 11y ago
Thank you. 6.23% before taxes and inflation, less after these.
Is this reliable enough over the long run to retire on?
- harryjo 11y agoIt is if you are a famous blogger pulling in lots of ad revenue.
- lukego 11y agoRelevant MMM post: http://www.mrmoneymustache.com/2012/05/29/how-much-do-i-need-for-retirement/ http://www.mrmoneymustache.com/2012/05/29/how-much-do-i-need...
- hudibras 11y agoKeep in mind that the period 2000-2015 includes two major recessions. Almost any other fifteen year period will work even better (you can test it on that website). Move the timeframe to 30 years (which is the bare minimum that the early retirement crowd looks at) and it's difficult to find a period with less than 7% returns. Even adjusting for inflation, it's rare to have a 30-year period with less than 4% returns, which is the basis for the 4% Rule mentioned in the article.
- ciconia 11y agoThe golden rule is to spend no more than 4% of your assets per year, so it's quite doable.